Wall Street Eyes America’s Booming Battery Storage Market
CREtech
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Wall Street is increasingly interested in America's booming battery storage market, where companies like Intersect Power are installing large Tesla Megapack batteries in Texas and California. These batteries charge during the day when solar power is plentiful and sell stored energy at higher prices during peak demand in the evening. Entrepreneur Sheldon Kimber is capitalizing on this opportunity by setting up numerous batteries to profit from the fluctuating power prices.
Original article posted on July 17, 2024